Naturebank Announces Private Placement

VANCOUVER, BC–(Marketwired – November 06, 2015) – NatureBank Asset Management Inc. (the “Company”) (TSX VENTURE: COO) (FRANKFURT: 9EA) is pleased to announce a non-brokered private placement of up to $750,000 of both secured and unsecured convertible debentures (the “Debentures”) of the Corporation (the “Debenture Offering”).

The Debentures will bear interest at a rate of 6.00% per annum, calculated from the date of issue, payable semi-annually in arrears. The outstanding principal and interest of each Debenture are convertible at the option of the subscriber at any time prior to the maturity date, into common shares of the Company at a conversion price of CDN$0.10 per common share. The Debentures will have maturity dates that are twenty-four to thirty-six months from the date of issue. Shares issued upon conversion may be subject to hold periods. A total of up to $325,000 of the Debentures are secured by a security interest granted on a suite of California Air Resources Board carbon project assets that the Company is currently developing, the remainder of the Debentures are unsecured.

The Corporation may pay finder’s or agent fees in connection with the Debenture Offering. Closing of the Debenture Offering is expected to happen by December 2015, and will be conditional upon the receipt of necessary TSX-V Exchange and regulatory approvals. The Company intends to use the proceeds of the Debenture Offering for project development and general working capital purposes.

James Tansey, Ph.D. President and CEO

NatureBank Asset Management Inc.

About NatureBank Asset Management Inc.

NatureBank is an internationally diversified carbon management and agroforestry solutions company. With offices in Vancouver, British Columbia and Portland Oregon, Bonn Germany and satellite offices in Panama and Vietnam, its team of industry leaders specialize in the origination, development and commercialization of high-quality agroforestry and carbon offset projects, in addition to offering a comprehensive suite of sustainability consultancy services. Through NatureBank advisory services group Offsetters and German based CO2OL, the company helps organizations understand, reduce and offset their climate impact. NatureBank has worked with over 200 leading business organizations including Aimia, Vancity, lululemon athletica, Catalyst Paper, Harbour Air, HSE – Entega, and Shell Canada Limited. NatureBank is publicly listed company on the Toronto Venture Exchange (TSX VENTURE: COO) and in Frankfurt:9EA. For more information, please visit us at www.NatureBank.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISKS:

Certain of the statements and information in this news release may constitute “forward-looking information” within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements. When used in this news release the words “anticipate”, “believes”, “estimates”, “expects”, “intends”, “may”, “project”, “plan”, “should” , “forecast”, “outlook”, “budget”, “anticipated”, “future”, “potential” and similar words and expressions may identify forward-looking statements or information.

The statements in this news release reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, known and unknown, could cause actual results, performance or achievements to be materially different from results, performance or achievements anticipated by management. The Company’s ability to continue as a going concern is dependent upon its ability to maintain profitable operations and/or obtain the necessary financing to repay liabilities and obligations arising from normal business operations and to meet contractual liabilities related to the acquisition of Offsetters and CCC when they come due. The Company has been profitable in the past but has not achieved sustained, long term profitable operations and may require additional working capital and may seek additional financing through equity or debt and/or increased sales revenue and cash flows in order to remain a going concern. There is material uncertainty related to the Company’s ability to secure necessary financing or generate additional sales revenue and cash flows in the amounts required. The Company could be adversely affected by risks and uncertainties as disclosed in the Company’s most recent MD&A filing and financial statements as filed at www.sedar.com.

The Company does not intend, and does not assume any obligation to update any forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information other than as required by applicable securities or other laws.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.